WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Trading 0.3% Higher – What’s Next?

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) shares were up 0.3% during mid-day trading on Tuesday . The stock traded as high as $27.60 and last traded at $27.56. Approximately 141,670 shares were traded during trading, a decline of 84% from the average daily volume of 885,269 shares. The stock had previously closed at $27.48.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Trading Up 0.3 %

The firm has a fifty day moving average price of $27.96 and a 200-day moving average price of $27.29.

Institutional Trading of WisdomTree Bloomberg U.S. Dollar Bullish Fund

Large investors have recently modified their holdings of the stock. Flagship Harbor Advisors LLC acquired a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the third quarter valued at about $42,905,000. Jane Street Group LLC raised its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 107.8% in the third quarter. Jane Street Group LLC now owns 653,560 shares of the company’s stock valued at $17,339,000 after purchasing an additional 339,082 shares during the last quarter. Empowered Funds LLC bought a new position in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the fourth quarter valued at about $3,689,000. Bank of Montreal Can raised its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 632.2% in the third quarter. Bank of Montreal Can now owns 120,750 shares of the company’s stock valued at $3,203,000 after purchasing an additional 104,259 shares during the last quarter. Finally, Whalen Wealth Management Inc. bought a new position in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the fourth quarter valued at about $1,769,000.

About WisdomTree Bloomberg U.S. Dollar Bullish Fund

The WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is an exchange-traded fund that is based on the Bloomberg Dollar Total Return index. The fund is an actively managed ETF that goes long the US dollar against a basket of global currencies from developed as well as emerging markets. USDU was launched on Dec 18, 2013 and is managed by WisdomTree.